The calculator below can be used to show how you can increase your take home (Net) pay by making your pension contributions via SMART. The savings you make are a result of paying less NI contributions and can add up to a significant amount over a year.
The information in this calculator is based on our current interpretation of the law and tax rates, which may change in the future. The value of tax relief will depend on individual circumstances.
This calculator does not constitute any form of financial advice. If you need help or advice, we recommend that you consult an Independent Financial Adviser. You can find an Independent Financial Adviser at www.unbiased.co.uk